Altra’s $5 Billion Acquisition by Regal Rexnord

On October 27, 2022, Altra Industrial Motion Corp. (“Altra”), a premier global manufacturer and supplier of motion control, power transmission and automation products, announced it has entered into a definitive agreement to be acquired by Regal Rexnord Corporation (“Regal Rexnord”) for approximately $5 billion on an enterprise value basis. Cravath is representing Altra in connection with the transaction.

The Cravath team is led by partners Thomas E. Dunn and Daniel J. Cerqueira and includes associates Cole DuMond and Christopher M. Tierney on M&A matters; partner Joseph D. Zavaglia, senior attorney Isaac C. Beerman and associate Fay E. Faught on financing matters; partner Lauren Angelilli and associates Duncan H. Hardell and Carlos Nicholas Obando on tax matters; partner Eric W. Hilfers and associates Christopher C. Gonnella and Cortez Johnson on executive compensation and benefits matters; partner Margaret T. Segall and of counsel Jesse M. Weiss on regulatory matters; partner Matthew Morreale on environmental matters; practice area attorney Anthony N. Magistrale on intellectual property matters; and practice area attorney Brian M. Budnick on real estate matters. Rahul Jayaprabha also worked on M&A matters.